Overview
What is The Cayuga County Community College Foundation Inc?
The Cayuga County Community College Foundation Inc, situated in Auburn, New York, serves as a critical support system for Cayuga Community College. Its primary role involves providing financial assistance to the college and its students, primarily through scholarships. Scholarships are granted based on both academic merit and financial need. The foundation boosts its assets through various means, including annual donations, memorial gifts, planned giving, and bequests. In the fiscal year 2022, the foundation distributed 192 scholarships and awards to deserving students. The foundation's mission is to enhance and aid educational and related programs at Cayuga Community College, contributing to the overall growth and development of the institute.
Official website here: www.cayuga-cc.edu/giving/college-foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
The Cayuga County Community College Foundation Inc has earned a four-star rating from Charity Navigator, reflecting its strong accountability and financial management. The rating is based entirely on a high score in accountability and finance, indicating that the organization adheres to rigorous standards in these areas. The foundation has demonstrated excellent practices, such as a fully independent board and comprehensive oversight of its financial statements.
Strengths highlighted in the evaluation include high ratings across various governance aspects, including conflict of interest policies, whistleblower protections, and thorough documentation of board meeting minutes. The foundation's financial ratios are also impressive, with a very low liabilities-to-assets ratio and strong fundraising efficiency, which points to a healthy financial situation.
However, the program expense ratio, while strong, could be seen as a potential area for improvement, as it stands at 67.09%. This suggests that there might be room to increase the portion of expenses directly supporting programs relative to total expenses. Overall, the foundation has proven itself to be a well-managed nonprofit with a commitment to transparency and effective governance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Cayuga County Community College Foundation Inc?
84% of 54 reviewers on Facebook recommend The Cayuga County Community College Foundation Inc. Here is a summary of their reviews:
Many individuals express a strong affection for the college, highlighting a close-knit community atmosphere and supportive professors. One reviewer shared their positive experience, emphasizing the helpfulness of the faculty and the welcoming environment that made them excited to return. They also appreciated the opportunity to engage further by working in various campus roles, which enhanced their overall college journey.
Overall, the sentiment suggests that the college fosters a positive educational experience, making a meaningful impact on its students. The strong sense of community and support from staff are recurring themes in the feedback, indicating that the foundation is effectively contributing to a rewarding atmosphere for its students.
This AI summary has been generated from reviews found on Facebook.
Is The Cayuga County Community College Foundation Inc legitimate?
The Cayuga County Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cayuga County Community College Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $107,798
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,583
For more financial information, click here
Official website here: www.cayuga-cc.edu/giving/college-foundation/
What is the mission statement of The Cayuga County Community College Foundation Inc?
The Cayuga County Community College Foundation Inc's mission is centered around enhancing and providing assistance for educational and other related programs at Cayuga Community College. Their primary objective is to support the college and its students financially, with the majority of funds allocated towards student scholarships. Awards are granted based on academic achievement and financial need. The foundation builds its assets through various means, including annual giving, memorial gifts, planned giving, and bequests. In the fiscal year 2022, the foundation awarded 192 student scholarships and awards.
Official website here: www.cayuga-cc.edu/giving/college-foundation/
Who is the CEO of The Cayuga County Community College Foundation Inc?
Guy Thomas Cosentino is the Executive Director of The Cayuga County Community College Foundation Inc.
Official website here: www.cayuga-cc.edu/giving/college-foundation/
What is the revenue of The Cayuga County Community College Foundation Inc?
The Cayuga County Community College Foundation Inc's revenue in 2022 was $731,906.
Official website here: www.cayuga-cc.edu/giving/college-foundation/
Who are the executives of The Cayuga County Community College Foundation Inc and what are their salaries?
The average compensation at The Cayuga County Community College Foundation Inc during 2022 was $53,794. There are 3 employees and 20 volunteers at The Cayuga County Community College Foundation Inc.
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- Compensation: $94,813
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- Other: $6,660
Official website here: www.cayuga-cc.edu/giving/college-foundation/
Where can I find the form 990 for The Cayuga County Community College Foundation Inc?
The Cayuga County Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cayuga-cc.edu/giving/college-foundation/
Learn more at the official website: www.cayuga-cc.edu/giving/college-foundation/
Mission Statement of The Cayuga County Community College Foundation Inc
The Cayuga County Community College Foundation Inc is dedicated to enhancing and providing assistance for the educational and other programs of Cayuga Community College. Their mission is to support the college and its students financially, with the majority of their funds being allocated towards student scholarships. Awards are given based on academic achievement and financial need, and the foundation builds its assets through various means such as annual giving, memorial gifts, planned giving, and bequests. During fiscal 2022, the foundation awarded 192 student scholarships and awards, demonstrating their commitment to assisting students in furthering their education.
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Impact
October, 2024
The Cayuga County Community College Foundation Inc plays a vital role in enhancing the educational experience at Cayuga Community College by providing crucial financial support. Its primary function is to assist students through scholarships, with a significant majority of the funds being allocated to this purpose. In fiscal 2022, the foundation awarded 192 scholarships and awards, directly impacting students' ability to pursue their academic goals.
Through a combination of annual giving, memorial gifts, planned giving, and bequests, the foundation grows its resources to ensure ongoing support for students based on academic achievement and financial need. By investing in scholarships, the foundation not only alleviates the financial burden on students but also fosters a strong academic community that values education and personal growth. This commitment to enhancing educational programs ultimately strengthens the institution and contributes to the overall success of its students in Auburn, NY, and beyond.
This information is meant to be a general summary of The Cayuga County Community College Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $371,845
- Gross Receipts: $1,295,424
Assets and Liabilities:
- Total Assets: $17,336,766
- Total Liabilities: $229,985
- Net Assets: $17,106,781
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Organization Details
Founding Year
1982
Phone
(315) 294-8627Principal Officer
Guy Thomas Cosentino
Main Address
197 FRANKLIN STREET, AUBURN, NY, 13021
NTEE Category
Code: B42 - Education
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